Despite a decline in the ready-to-drink (RTD) category, bottled fruit juice blends grew 8% YoY to $490 million, with unit sales up 4% to 124 million. Bottled pineapple juice rose 15% to $106 million, and smoothies surged 43% to $64.6 million.
Uncle Matt’s Organic Yerba Mate Energy Tea is brewed with organic yerba mate leaves, organic lemon juice and organic green tea caffeine. With 100mg of naturally derived caffeine per serving, it provides a smooth, sustained lift. The tea is sweetened with organic wildflower honey for balanced taste and 45 calories per serving.
PHX is produced by One 11 Brands, a new start-up incubator led by Founder and General Manager Daniel Blake that is focused on innovation within the functional beverage sector.
As we mentioned in our April “Outlook Report,” the global ready-to-drink (RTD) beverage market is expected to surpass $800 billion this year, reaching $1.2 trillion in 2032, according to Fortune Business Insights.
Sales in the beverages category are mixed year-over-year (YoY), but there are plenty signs of strength. Declining subcategories certainly did not take it on the chin, perhaps a good sign for the industry.
Caffeine-free teas provide wellness benefits in time for colder weather.
November 12, 2024
With more than 50 years of expertise in the specialty bagged tea category, Celestial Seasonings, a brand of Boulder, Colo.-based Hain Celestial Group, announced it is adding two new Non-GMO Project Verified products with functional benefits.
Ready-to-drink (RTD) beverages are a story of the good, the bad, and the ugly. Our chart showcases which brands are hot in RFG RTD coffee. Where does Starbucks rank?
Purveyor of organic orange juice brand sets its sights on brewed black tea market.
July 1, 2024
Uncle Matt’s Organic, purveyor of organic orange juice, is reinventing tea time with the launch of three ready-to-drink refrigerated brewed black tea varieties. True to Uncle Matt’s Organic’s ethos and commitment to excellence, the teas are certified organic, meeting the highest standards of quality and sustainability, the Clermont, Fla.-based company says.
Although perhaps not the impressive gold-medal victory achieved by the U.S. Men’s Olympic hockey team over the Russian’s in 1980 in Lake Placid, N.Y., most areas of the non-dairy market are scoring plenty of goals, with the exception of the juice market, which is biding its next chance to skate through a slump.